Saudi Arabia PVC Pipes Market to Reach US$ 1,775.6 Million by 2032, Stimulated by Rising Number of Infrastructure Development Projects

September 15, 2023 | Chemical & Materials

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According to the latest report by IMARC Group, titled “Saudi Arabia PVC Pipes Market Report by Application (Sewerage and Drainage, Plumbing, Irrigation, HVAC, Oil and Gas, Water Supply) 2024-2032,” the Saudi Arabia PVC pipes market size reached US$ 1,261.6 Million in 2023. Polyvinyl chloride (PVC) pipes are manufactured using a versatile thermoplastic material. They are lightweight in nature, easy to install, adaptable to diverse environments, and can withstand both high and low-pressure conditions. They are widely available in different classes and grades, each designed to meet specific requirements based on factors, such as pressure rating, temperature resistance, and intended application. They reduce labor and equipment costs during installation and lower the need for regular cleaning. They have a smooth interior surface that aids in promoting efficient fluid flow, reducing friction, and minimizing the risk of clogs and blockages. They assist in offering enhanced durability, corrosion resistance to water and chemicals, and affordability. As they benefit from improving hydraulic efficiency that can save energy in pumping systems, the demand for PVC pipes is increasing in Saudi Arabia.

Saudi Arabia PVC Pipes Market Trends:

At present, the rising utilization of PVC pipes in potable water systems due to their non-toxic and non-reactive nature and ensuring the safety and quality of the water for transportation purposes represents one of the major factors impelling the growth of the market in Saudi Arabia. Besides this, the growing demand for pipes that offer enhanced thermal insulation properties is offering a positive market outlook. In addition, the rising number of infrastructure development projects in Saudi Arabia is bolstering the growth of the market. Apart from this, the increasing adoption of PVC pipes in the agriculture sector in irrigation systems to cater to the needs of farms and plantations is offering lucrative growth opportunities to industry investors in Saudi Arabia. Furthermore, the rising demand for durable pipes that can withstand harsh climatic conditions is propelling the growth of the market. In line with this, the increasing focus on eco-friendly materials to reduce carbon footprint is supporting the growth of the market in Saudi Arabia. Looking forward, the market value is projected to reach US$ 1,775.6 Million by 2032, expanding at a CAGR of 3.8% during 2024-2032.

Market Summary:

Based on the application, the market has been classified into sewerage and drainage, plumbing, irrigation, HVAC, oil and gas, and water supply. At present, sewerage and drainage dominates the market, accounting for the largest share.
The competitive landscape of the market has also been examined, with some of the key players being Saudi Plastic Products Company Ltd. (SAPPCO), New Products Industries Co Ltd. (Neproplast), Saudi Basic Industries Corporation (SABIC), Arabian Gulf Manufacturers Ltd., and Al Watania Plastics.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Million, ‘000 Tons
Applications Covered	Sewerage and Drainage, Plumbing, Irrigation, HVAC, Oil and Gas, Water Supply
Companies Covered	Saudi Plastic Products Company Ltd. (SAPPCO), New Products Industries Co Ltd. (Neproplast), Saudi Basic Industries Corporation (SABIC), Arabian Gulf Manufacturers Ltd., Al Watania Plastics
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Saudi Arabia PVC Pipes Market to Reach US$ 1,775.6 Million by 2032, Stimulated by Rising Number of Infrastructure Development Projects

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